- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0010410

About Synaptics Labs Private Limited
Data last updated:
Synaptics Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 15 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24304TG2018PTC127623. Its GSTIN is 36ABACS9993G1ZR (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹12.5 Cr. It is led by directors Mandapati Reddy Kishore and Goli Reddy Srinivasa.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹101.86 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.02 Cr (net margin 2%) and EBITDA of ₹15.42 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
The company has about 113 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹68.49 Cr and satisfied charges of ₹24.86 Cr on record. Court records list 25 cases involving the company, including 2 filed by the company and 23 filed against it; 15 cases are pending. The company has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹3.48 Cr; the latest was in March 2021.
Synaptics Labs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0010410). For more details, the company can be reached via its website synapticslabs.com.
Company details
Recognitions & Rankings of Synaptics Labs
Contact details
Synaptics Labs Private Limited's registered office is in Hyderabad, Telangana. Its website is synapticslabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFortune Cyber 3rd Floor Fno.301 302, P No.1&2 Gachibowli Serilingampally, Hyderabad, Telangana, India – 500081
- IndustryPharma, API Manufacturers
To see the full contact details of Synaptics Labs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Synaptics Labs Private Limited
FY 2024 filings availableSynaptics Labs Private Limited reported revenue of ₹101.86 Cr (up 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 7% growth in the latest year. EBITDA rose 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹101.86 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Synaptics Labs Private Limited, buy the company report.
Board of directors of Synaptics Labs Private Limited
Synaptics Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandapati Reddy Kishore Also directs: Synaptics Pharmaceuticals Private Limited | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
| Goli Reddy Srinivasa Also directs: Synaptics Pharmaceuticals Private Limited | Director | 15 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Synaptics Labs Private Limited is audited by D A Y & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D A Y & ASSOCIATES | FY 2023 | 011455S |
Shareholding
The shareholding of Synaptics Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Synaptics Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2021 | 100502870 | Others | ₹7 Cr | Open | |
| 23 Jul 2021 | 100470543 | Hdfc Bank Limited | ₹61.49 Cr | Open | |
| 16 Jun 2020 | 100346244 | State Bank of India | ₹1.36 Cr | Satisfied | |
| 11 May 2020 | 100339757 | State Bank of India | ₹50 Lakh | Satisfied | |
| 12 Dec 2019 | 100310783 | State Bank of India | ₹23 Cr | Satisfied |
To see the full charge records of Synaptics Labs Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Synaptics Labs Private Limited has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹3.48 Cr; the latest was in March 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Rights issue | ₹4.99 Cr | Investors: 4 individuals |
| May 2019 | Rights issue | ₹4.02 Cr | Investors: 4 individuals |
| Mar 2019 | Funding round | ₹3.48 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Synaptics Labs Private Limited has 25 court cases on record: 2 filed by Synaptics Labs, 23 filed against it. 15 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 14 |
| High courts | 2 | 0 | 1 |
| NCLAT | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Ad Pharmachem Pvt Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Archit Organosys Limited -Shailesh Kadia | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Zed Chem Pvt. Ltd. Through Its Director Mr. Samir Patel | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Oc Specialities Pvt Ltd Through Authorized Representative Marketing Manager Deepak B Nandvikar | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Indo Amines Ltd Through Authorized Representative Mr Narayan Mane | Pending |
To see the full case history of Synaptics Labs Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Synaptics Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Synaptics Labs Private Limited has a workforce of 113 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Synaptics Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36ABACS9993G1ZR | Telangana | Active | 05 Nov 2018 |
| 37ABACS9993G1ZP | Andhra Pradesh | Active | 05 Nov 2018 |
To see the full GST registrations and return filing status of Synaptics Labs Private Limited, buy the company report.
Recent activity
Synaptics Labs Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Goli Reddy Srinivasa was appointed as Director on 15 Oct 2018.
3 earlier events are in the company report.
Frequently asked questions
Synaptics Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 15 October 2018 (8+ years old) and is registered under CIN U24304TG2018PTC127623.
Synaptics Labs has 2 current directors:
- Mandapati Reddy Kishore - Director
- Goli Reddy Srinivasa - Director
The latest financial statements of Synaptics Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Synaptics Labs is 36ABACS9993G1ZR, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37ABACS9993G1ZP (Andhra Pradesh).
The CIN (Corporate Identification Number) of Synaptics Labs is U24304TG2018PTC127623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synaptics Labs has 25 court cases on record: 2 filed by the company and 23 filed against it. 15 are pending. Most are in the district courts.
Synaptics Labs was incorporated on 15 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Synaptics Labs has 3 deals on record (2 rights issues, 1 funding round), with disclosed funding of ₹3.48 Cr; the latest was in March 2021.
Goli Reddy Srinivasa was appointed as Director on 15 Oct 2018. Mandapati Reddy Kishore was appointed as Director on 15 Oct 2018.
Yes, Synaptics Labs is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0010410).